Labour chief Ed Miliband is on a mission to plunge Britain back into a regressive form of class warfare common in the 1970s by rejecting Tony Blair’s pro-business stance and stirring up anti-capitalist sentiment, an entrepreneur and peer claims.

Independent cross bench
peer and chairman of Cobra Beer, Lord Bilimoria, said Miliband
has revealed a “startling lack of understanding” about
how employment and wealth is created in Britain.

Bilimoria’s scathing remarks surfaced in an article he penned for
the Telegraph on Monday.

The business tycoon warned Miliband’s aversion to zero-hour
contracts is misguided, as they apply to less than one in forty
workers across the UK. He went on to argue that 66 percent of
these individuals do not wish to work a greater number of hours
anyway.

Bilimoria also condemned the Labour leader’s pledge to scrap
Britain’s controversial “non-dom” tax status as backward
and insisted the argument that the measure would free up funds is
“dubious at best.”

He suggested the party’s political stance in many regards, as
expressed since the outset of the general election campaign race,
does not offer an “inclusive vision for the country’s
future.” This is particularly apparent for the business
community, he argued.

“To be absolutely clear, this is not a question of party
politics. New Labour’s record in government is one of which it
should, in many respects, be proud,” Bilimoria said.

“The problem is that the Party’s current leadership is
failing to present the kind of inclusive economic message that
was put forward so successfully by Tony Blair.”

Bilimoria’s criticism of Labour’s business and economic policy
proposals marks the most heated, politicized and outspoken
intervention by a senior business figure since Boots boss Stefano
Pessina claimed Miliband would prove a “catastrophe” if
his anti-business rhetoric played into the party’s policies in
government.

Labour are currently two points ahead of the Tories, according to
the latest poll published by Populus.

Prime Minister David Cameron said on Monday the possibility of a
Labour-Scottish National Party (SNP) coalition is a “match
made in hell.”

Speaking as Nicola Sturgeon launched the SNP's manifesto in
Edinburgh, Cameron said voters might be “sleepwalking”
towards electing a government that will bring Britain into a
state of economic ruin.

Labour hit back,
however, saying the Conservatives are “talking up” the
threat of the SNP for their own political gain.